CONTRACTRECOMMENDED

GRTC Recommends Excess Liability Insurance Renewal

Greater Richmond Transit Company logoGreater Richmond Transit Company
Disclosed value
Approximately 5% increase; exact amount not stated
From minutes
Document date
Jun 11, 2026
Term
Annual renewal

The 30-second brief

What it covers

GRTC's Finance Committee recommended renewing excess liability coverage through the Virginia Transit Liability Pool. The annual renewal reflects an approximately 5% increase tied to newer and additional vehicles and broader insurance market conditions.

Who holds it

Virginia Transit Liability Pool holds this insurance contract with Greater Richmond Transit Company. Its other public contracts on record include work for Accomack County and Greater Richmond Transit Company (GRTC).

What happens next

Term as filed: Annual renewal.

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Contract details

Contract type
Insurance
Amount
Approximately 5% increase; exact amount not stated
Document date
June 11, 2026
Term
Annual renewal
Source document
GRTC Minutes Board Finance Committee Meeting June 11, 2026 (Minutes)

Virginia Transit Liability Pool's other public contracts

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Questions about this contract

Who was awarded the insurance contract by Greater Richmond Transit Company?

Virginia Transit Liability Pool was awarded this insurance contract by Greater Richmond Transit Company, as recorded on June 11, 2026. The contract value is Approximately 5% increase; exact amount not stated.

How much is the Virginia Transit Liability Pool contract with Greater Richmond Transit Company worth?

The Virginia Transit Liability Pool contract with Greater Richmond Transit Company is valued at Approximately 5% increase; exact amount not stated, covering insurance work.

What type of contract is this?

This is a Insurance contract, documented as a minutes record.

Where was this contract approved?

This contract appears in GRTC Minutes Board Finance Committee Meeting June 11, 2026 (Minutes), dated June 11, 2026 from Greater Richmond Transit Company. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Virginia Transit Liability Pool hold?

Virginia Transit Liability Pool may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

What is Greater Richmond Transit Company currently buying?

Explore Greater Richmond Transit Company's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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